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Investment Center A B Sales $ ?...

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Question

Accounting

Investment Center
A B
Sales $ ? $ 11,100,000
Net income $ 382,200 $ ?
Average invested assets $ 1,470,000 $ ?
Profit margin 8 % ? %
Investment turnover ? 1.5
Return on investment ? % 12 %

Use the information in the following table to compute each departments contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.)

Profit Margin:
Choose Numerator: / Choose Denominator: = Profit Margin
Investment Center / = Profit margin
A 8.00%
B
Investment Turnover:
Choose Numerator: / Choose Denominator: = Investment Turnover
Investment Center / = Investment turnover
A
B 1.50
Return on investment:
Choose Numerator: / Choose Denominator: = Return on investment
Investment Center / = Return on investment
A
B 12.00%

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